Government is unable to stop betting in sports, especially in Cricket. Though it is gentlemen game, one can bet in various developed and developing countries but not in India. Betting and gambling have huge turnovers, this is the point which attracted government to think of legalizing and imposing taxes on it.
These are the vital points you should know:
These are the vital points you should know:
- It would be only cashless transactions.
- Each participant has to update their KYC in order to participate in betting and gambling.
- Linking PAN and AADHAR is mandatory.
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